MEMPHIS TENNESSEE BANKRUPTCY BLOG
How does bankruptcy impact my credit?
One of the things that keep people from filing for bankruptcy is the fear of long-term consequences. What good is discharging or managing debt if your credit is too bad to let you do anything with your new financial freedom? Do the benefits of bankruptcy outweigh the...
How do I keep my car when I’m going through bankruptcy?
In many ways, your car is your lifeline. Without one, getting from place to place becomes difficult. Yet, if you’re preparing to file bankruptcy, you may fear you will lose it during proceedings. While some people must forfeit their car during bankruptcy, you might...
What can you keep in Chapter 7 bankruptcy?
Bankruptcy is the lifeline that many people rely on to pull them out under from crushing financial debt. Without this option, many people would lose everything while achieving nothing. While bankruptcy clears the slate for people and allows them to start fresh, it...
Can my bankruptcy impact my job search?
Bankruptcy can give you and your finances a fresh start. However, some may worry about how their recent bankruptcy filing could impact their employment search. For those who filed and are looking for work, the circumstances may be a bit different. While it's illegal...
Chapter 7 and Chapter 13 bankruptcy differences
Many different circumstances can lead to bankruptcy. Maybe you have medical or credit card debt you can't seem to escape. Maybe you got divorced, and your income has shrunk significantly enough that debt is piling up, or maybe your business is not doing well, which...
Use bankruptcy to keep debts on hold with an automatic stay
When your debts start piling up, it can feel like the walls are closing in on you. If you’re worried about how you’ll make it long enough to enjoy the long-term benefits of bankruptcy, know that there are some short-term benefits to get you there. An automatic stay...
How do I keep my home when I’m going through bankruptcy?
As a single mom, you work tirelessly to support your family. Unfortunately, your job is not bringing in enough money and the bills are piling up. You do not want to have to reach out to friends and family for money. Bankruptcy is scary and not something you want to...
What does creditor harassment look like?
Millions of Americans struggle with debt. Unfortunately, many of these people also must deal with unscrupulous debt collectors. People in this situation can be afraid to answer the phone or leave their home. They can be worried about whether a boss or family members...
Will Chapter 7 discharge your recent credit card debt?
One of the reasons you may be considering filing Chapter 7 bankruptcy in Tennessee is that you believe Chapter 7 discharges your credit card debt. But is this always true? An article in Bloomberg News reported that the court may not discharge your recent credit card...
Can bankruptcy discharge all debt?
As a resident of Tennessee, you have several options available if you decide to file for bankruptcy. Chapter 13 and Chapter 7 are the two most commonly talked about. However, before you file for bankruptcy, you should understand that not every...
East Memphis Office
Jimmy E. McElroy & Associates
3780 South Mendenhall Road
Memphis, TN 38115
Toll Free: 888-871-3678
Fax: 901-794-4335
Memphis Law Office
Downtown Office
Jimmy E. McElroy & Associates
200 Jefferson Avenue
Memphis, TN 38103
Toll Free: 901-881-8730
Fax: 901-794-4335
Memphis Law Office
